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  • Airbnb, New York City settle rental law lawsuit

    A 3D printed people's models are seen in front of a displayed Airbnb logo in this illustrationBy Nate Raymond NEW YORK (Reuters) - Airbnb Inc and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals. Airbnb had contended that the law's ambiguous wording could allow New York authorities to apply it to online platforms like itself that host third-party listings, creating the risk of significant civil penalties and criminal liability. Under the terms of the settlement, New York City agreed that the law would not be enforced against the company and was instead aimed at individual violators, a spokeswoman for Mayor Bill de Blasio said.


  • U.S. presidential commission issues recommendations on cyber security

    Man poses in front of on a display showing the word 'cyber' in binary code, in this picture illustration taken in ZenicaThe U.S. government and the private sector must cooperate to improve the security of digital networks, a U.S. presidential commission on cyber security recommended in a wide-ranging report issued on Friday. The commission created by President Barack Obama earlier this year also recommended that the president and Congress accelerate the pace at which technology is updated in the federal sector and that the president appoint an ambassador for cyber security for efforts abroad. Obama said in a statement after meeting the commission's head, his former national security adviser Tom Donilon, on Friday that his administration strongly supported the commission's "thoughtful and pragmatic" recommendations.


  • Obama bars China's Fujian from buying Aixtron's U.S. business

    The headquarters of German chip equipment maker Aixtron SE is pictured in HerzogenrathBy Matthias Inverardi and Diane Bartz FRANKFURT/WASHINGTON (Reuters) - President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron because the deal posed a risk to American national security, the Treasury Department said on Friday. Obama's executive order barring China's Fujian Grand Chip Investment Fund (FGC) from completing the acquisition of a German company with American assets was one of few such instances in which a U.S. president has blocked a transaction due to national security concerns.



  • Order the book Financial Markets For The Rest Of Us from these fine stores:
    Financial Markets Book

    Financial Markets For The Rest Of Us
    An Easy Guide To Money, Bonds, Futures, Stocks, Options, And Mutual Funds

    ISBN: 0595202756 / Publisher: iUniverse / Date: Nov 2001 / Page Count: 418

    "Financial Markets For The Rest Of Us" is a reference and tutorial covering various financial markets in the USA and the rest of the world. The book comprises six major chapters covering the concepts of money, bonds, futures, stocks, options, and mutual funds. It cleverly illustrates the operation and interdependencies of these various markets, while keeping the language simple for everyone to follow. If you have ever wondered about how the financial markets operate, or you have ever felt overwhelmed by the complexities of the financial markets, this book is for you.


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